MUSCAT : The project, valued at over RO 78 million, aims to support sustainable economic development and meet the growing demand for petroleum products in the region.

The foundation stone for the project was laid by H.E. Sayyid Ibrahim bin Said Al Busaidi, Governor of Musandam, in the presence of government officials and dignitaries.

The strategic fuel tanks project will have a storage capacity of over 14,536 cubic meters of petroleum derivatives, including 91 and 95 octane gasoline, diesel, and jet fuel. This will help ensure a continuous supply chain and address emergency situations.

His Excellency the Governor of Musandam emphasised the project’s importance in meeting the petroleum needs of the governorate, both in regular operations and during emergencies. He commended OQ Group for its investment in the region and its commitment to serving local communities.

Speaking on the occasion, H.E. Eng. Salem bin Nasser Al Aufi, Minister of Energy and Minerals, highlighted the project’s role in supporting the Ministry’s efforts to provide citizens and residents with adequate petroleum supplies. He noted the increasing local demand for petroleum products due to population growth and commercial activities.

Delivering a keynote address, Ashraf bin Hamad Al Mamari, CEO of OQ Group, stated that the project represents another significant investment in Musandam Governorate, totalling over RO 800 million. He emphasized OQ Group’s commitment to sustainability in the energy sector and its response to the growing needs of the region.

The project is expected to be completed in April 2027, with trial operations commencing in December 2026. It will include a fuel tank station, a marine facility for receiving ships, and a pipeline connected to a receiving platform at a depth of approximately 39 meters. The project will also utilize renewable energy sources, such as solar and wind power, for its operations.

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